COMPARISON OF SAVINGS ACCOUNT PRODUCTS

Presented by:-

Anurag Mishra Sashikant Sailesh Goswami Akshara Neelam

Saving Bank Account:

SAVINGS BANK ACCOUNT

Savings Bank Accounts are meant to promote the habit

of saving among the citizens while allowing them to use their funds when required.

In contrast to savings accounts, checking accounts allow you to write cheque and use electronic debit to access your funds inside the account.

ICICI BANK

Industrial Credit and Investment Corporation of India (ICICI) is the second largest bank.
It was incorporated in Baroda on 5th jan1994 The chairman of the company is Mr. K.V. Kamath and the MD & CEO is Chanda D. Kochhar.

ICICI BANK

Saving Account Products :SAVING ACCOUNT PRODUCTS

Regular Saving Accounts Silver Saving Account Advantage Women Saving A/c Senior Citizen Saving A/c Gold Privilege Savings Account Titanium Privilege Account Salary Account

Regular Saving Account

REGULAR SAVING ACCOUNT
Features
Smart Shopper Silver Debit Card with exciting offers . & Visa Platinum Privileges Money Multiplier facility Free Internet Banking and Mobile Banking Minimum balance requirements:Minimum Monthly Average Balance (MAB) of Rs. 10,000 in Metro and Urban Locations. Non Maintenance of MAB Charges: Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000 Rs. 350 per month if MAB is less than Rs. 5,000

Silver Saving Account

Features
Smart Shopper Silver Debit Card with exciting offers & Visa Platinum Privileges.

SILVER SAVING ACCOUNT

Waiver of Multi city cheque payment charges for upto Rs. 1 lac per month. Discount of 5% on annual rent for safe deposit lockers.
Minimum balance requirements:Minimum Monthly Average Balance (MAB) of Rs. 25,000 Non Maintenance of MAB Charges: Rs. 175 per month if MAB is between Rs. 10,000 and Rs. 25,000 Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000

Advantage Women Saving A/c Features

No minimum balance requirement with a Recurring Deposit of just Rs. 2,000 Specially designed Woman's ICICI Bank International Debit Card Free unlimited Access to any bank's ATM Free multi-city cheque book

ADVANTAGE WOMEN SAVING A/C

Minimum balance requirements

Recurring Deposit of Rs. 2,000 or Minimum Monthly Average Balance (MAB) of Rs. 10,000 Non Maintenance of MAB Charges: Rs. 250 per month if MAB is between Rs. 5,000 and Rs. 10,000 Rs. 350 per month if MAB is less than Rs. 5,000

Senior Citizen Saving A/c

Features

SENIOR CITIZEN SAVING A/C

Designated Senior Citizens Desk at all ICICI Bank branches Higher Interest Rates on Term Deposits Anywhere Banking with one free cash withdrawal or deposit per month upto a limit of Rs. 50,000 across all ICICI Bank branches Eligibility and Minimum balance requirements: To use features of this account, senior citizens must submit proof of age Minimum Monthly Average Balance (MAB) of Rs. 5,000 Non Maintenance of MAB Charges: Rs. 100 per month if MAB is less than Rs. 5,000

Monetary policy data

USING THE PITCHBOOK TEMPLATE

Repo Rate : 6.00% Reverse Repo rate: 5.00% The Housing Development Finance Corporation Bank rate : 6% Limited(HDFC) was amongst the first to receive an inSLR :principle approval from the RBI to set up a bank in private 25% CRR :6% sector, as part of the RBIs liberalization of the Indian
Banking Industry in 1994. The Bank was incorporated in August 1994 in the name HDFC Bank Limited with its registered office in Mumbai, India.

Indian Automobile Industry Analysis

USING THE PITCHBOOK TEMPLATE

Market capitalization of leading firms

FIRM PRODUCTS FOREIGN Partners MARKET STOCK CAPITALIZAT LISTING ION(IN BILLIONS) Mumbai Mumbai, Ney york Mumbai, london

Regular Savings Account 9.2 Passenger Vehicles Suzuki Motor Savings Plus Account Tata Motors Passengers and Fiat 7.4 Commercial Savings Max Account Vehicles Senior Citizens Account 6.1 Mahindra & Passengers Navistar for Mahindra ,Commercial commercial No Frills Account Vehicles,Two vehicles,Renault for wheelers Family Savings Passenger cars Account Hero Honda Two Wheelers Honda Motors 7.7 Institutional Savings Account
Maruti Suzuki Bajaj Auto Two and Three wheelers Renault-Nissan for planned small car 5.7

Mumbai
Mumbai, london

Never overspend shop using your International Debit Card that reflects the actual balance in your savings account.. Avail of facilities like Safe Deposit Lockers, Sweep-In and Super Saver facilities on your account.

Free lifetime Titanium Royale Debit Card for the primary account holder. A Titanium Royale Debit Card for any other account holder will be charged at Rs. 250. Free demand drafts on HDFC Bank locations, up to Rs. 1 lakh per day. Self/third party cash deposit/withdrawal at non-home branches of up to Rs 50,000 per day is free.

Shop with pride with your Easy Shop International Debit Card, offered free for life to the primary account holder. You can spend up to Rs. 40,000 per day at any point of sale (POS). Enjoy cash withdrawals of up to Rs. 25,000 per day on your debit card at any HDFC Bank ATM.
Use National Electronic Funds Transfer (NEFT) to transfer funds from your HDFC Bank account to any account in another Bank at locations specified by the RBI. Get an International Debit Card on request at your branch at Rs. 100 per annum (plus applicable rates).

USING THE PITCHBOOK TEMPLATE

Minimum Balance Requirement

A minimum deposit of Rs. 10,000 (metro/urban branches), Rs. 5000 (semi-urban/rural branches) is required to open an account and thereafter an average monthly balance of the same amount has to be maintained.

For urban/metro branches: If AMB in the account is between

Rs 5,000 to Rs 10,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 5,000, a charge of Rs 350/- per month would be levied.

Semi urban/rural: If AMB in the account is between Rs 2,500 to

Rs 5,000, a charge of Rs 250/- per month would be levied. If AMB is less than Rs 2,500, a charge of Rs 350/- per month would be levied.

AXIS BANK

Axis Bank is the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies.

The various kinds of Savings Bank Account

AXIS BANK

Easy Access Savings Account Future Stars Savings Account Womens Savings Account Prime Savings Account Prime Plus Savings Account Pension Savings Account Senior Citizens Account

Easy Access Savings Account

AXIS BANK

Minimum Average Quarterly balance of Rs. 10,000 / Rs 5000 / Rs 2500 for Urban / Semi-Urban / Rural Areas Respectively. At-par Cheque book at no cost. ATM services with withdrawal limit of Rs. 40,000 / month. No extra charges for Tele-banking, Internet Banking & SMS Banking. Quarterly interest payable at 4% p.a. Quarterly statements are delivered free of cost & Monthly e-statement.

 Prime Savings Account

Minimum Average Quarterly balance of Rs. 5,000in Urban & Metropolitan branches & Rs. 2,500in Semi-Urban & Rural Branches. Titanium ATM card with withdrawal limit of Rs. 50,000 / month. No extra charges for Tele-banking, Internet Banking & SMS Banking. Quarterly interest payable at 4% p.a. Quarterly statements are delivered free of cost & Monthly estatement.

AXIS BANK

 Future Stars Savings Account

AXIS BANK

Average Quarterly Balance is Rs 2,500 in Urban/Metro/SemiUrban areas & Rs. 1,000 for branches in Rural areas, the balance may be NIL if an Fixed Deposit of Rs. 25,000 or Recurring Deposit of Rs. 2000/ month is maintained. Free Personalized Cheque book at no cost.
ATM services with withdrawal limit of Rs. 1,500 / month for children below age of 12 years. No extra charges for Tele-banking, Internet Banking & SMS Banking.

Senior Citizens Account

AXIS BANK

Minimum Average Quarterly balance of Rs. 5,000 in Urban & Metropolitan branches & Rs. 2,500in SemiUrban & Rs. 1,000 in Rural Branches. At-par Cheque book with unlimited value of issue limit. International ATM card with withdrawal limit of Rs. 40,000 / day. No extra charges for Tele-banking, Internet Banking & SMS Banking. Free Senior Citizen ID cards.